Category Archives: Petra Picks

After inching back towards all-time highs… stocks remain mixed this week, despite yesterday’s Fed rate cut. It may take a few days to fully absorb the Fed comments… However, there are opportunities in the market right now… that we can … Continue reading →

On Tuesday I wrote about the simplicity of support and resistance breakout points. I alluded to the SPY breaking above a key resistance level which it formed over the month of August… If you missed it, you can read it here… … Continue reading →

Support-and-resistance is one of the most widely used techniques in technical analysis – as it should be… It’s a simple technique with big value… You can see in the chart below that the SPY created a channel over the course … Continue reading →

As the market and all the confusion has taken a lot of stocks down with it… there are a lot of potential buys setting up. All stocks go through up and down cycles. While stocks can go to zero, most … Continue reading →

It’s time to pivot and forget about what’s been happening… Everyone is talking about the same thing over and over…trade, interest rates, the economy, blah blah blah. The last thing you need to read about is how crazy the market … Continue reading →

Keeping it simple really does pay. My options portfolio is up 165% since the start of the year. No, I’m not placing dozens of options trades a day… In fact, the average number of trades is just 2 per week – … Continue reading →

The markets have been extra volatile and range bound this past month. It’s been talked about to death… but that doesn’t change the fact it’s happening… And not likely to change anytime soon. So it’s important for you to stay … Continue reading →

Stocks are set to gap up this morning… but some of the big questions to ask now are: Do we see the same type of volatility as last week? Will the uptrend continue or reverse? With such a long bull … Continue reading →

Believe it or not, trading options rather than stock can be a better choice in a market as whipsawy as this one. And despite all the recent volatility that has surged into the market… my options portfolio has returned 73% … Continue reading →

How many times have you bought a stock just because you thought it could go higher? I don’t know about you… but it’s happened to me a lot when I first started trading. I was buying stocks for no rhyme … Continue reading →